Commodity Trade Mantra

Posts Tagged ‘Government Policies’

Economic Inequality and the Gold Standard

Economic inequality declined in the US from 1917 to the early 1970s when Nixon took America off of the gold standard. The trend has been for greater economic inequality ever since. Part of the answer to the problem of economic inequality is to return to an honest and sound monetary system including — but not limited to — the gold standard.

Economic Policy Treats Symptoms, Not Underlying Causes

Economic growth really is a panacea that improves standards of living for everyone in nearly every way. But instead of pursuing economic growth, the government wastes its time with piecemeal patches, trying to plug holes (symptoms) like unemployment, low wages, lack of education, etc, whose cause remains unabated.

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